Norion Bank ABFRA:FN1 -0.91%50 Return-on-Tangible-Equity is 12.15% as of Mar. 2026, which is 19% below its 10-year median of 15.08. GuruFocus rates FRA:FN1 with a GF Score™ of 50/100 and a GF Value™ of €4.02 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,522 Banks companies, Norion Bank AB ranks better than 66.62% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Norion Bank AB's annualized net income for the quarter that ended in Mar. 2026 was €111.8 Mil. Norion Bank AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €919.9 Mil. Therefore, Norion Bank AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.15%.
The historical rank and industry rank for Norion Bank AB's Return-on-Tangible-Equity or its related term are showing as below:
FRA:FN1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.17 Med: 15.08 Max: 19.27
Current: 13.74
During the past 10 years, Norion Bank AB's highest Return-on-Tangible-Equity was 19.27%. The lowest was -7.17%. And the median was 15.08%.
FRA:FN1's Return-on-Tangible-Equity is ranked better than 66.62% of 1522
companies
in the Banks industry
Industry Median: 11.205
vs FRA:FN1: 13.74
Norion Bank AB (FRA:FN1) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Norion Bank AB Return-on-Tangible-Equity Related Terms
Norion Bank AB Return-on-Tangible-Equity Historical Data
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The historical data trend for Norion Bank AB's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:FN1 vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Norion Bank AB's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Norion Bank AB Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Norion Bank AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Norion Bank AB's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 12.15% mean?
Norion Bank AB (FRA:FN1) has a Return-on-Tangible-Equity of 12.15% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Norion Bank AB and its competitors. This is 19% below median its historical median of 15.08. According to the industry distribution chart, Norion Bank AB ranks #508 out of 1522 companies in the Banks industry, placing it in the top 33.4%.
Is Norion Bank AB's Return-on-Tangible-Equity too high?
Norion Bank AB's current Return-on-Tangible-Equity of 12.15% is 19% below median its 10-year median of 15.08. The Banks industry median Return-on-Tangible-Equity is 11.21. Norion Bank AB's value of 12.15% is 8.4% above this industry median. Based on the distribution chart, Norion Bank AB ranks #508 out of 1522 companies in the Banks industry, which is above the industry midpoint. Overall, Norion Bank AB has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norion Bank AB's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Norion Bank AB ranks #508 out of 1522 companies for Return-on-Tangible-Equity. This puts Norion Bank AB in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.21. Norion Bank AB's value of 12.15% is 8.4% above this benchmark. While the company's 10-year median is 15.08 vs. the industry median of 11.21, Norion Bank AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.21, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norion Bank AB's current Return-on-Tangible-Equity of 12.15% is 8.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Norion Bank AB and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norion Bank AB's current Return-on-Tangible-Equity is 12.15%, which is 19% below median its own 10-year median of 15.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norion Bank AB stock overvalued right now?
Based on GuruFocus' analysis, Norion Bank AB (FRA:FN1) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.02, compared to a current price of €5.42 — trading 34.8% above its estimated fair value. The current Return-on-Tangible-Equity is 12.15%, which is 19% below median its 10-year median of 15.08 and 8.4% above the Banks industry median of 11.21. Norion Bank AB's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Norion Bank AB (FRA:FN1), the current Return-on-Tangible-Equity is 12.15% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Norion Bank AB (FRA:FN1) Overvalued in 2026?
Based on GuruFocus' analysis, Norion Bank AB stock appears to be overvalued.
The current stock price of €5.42 is trading 34.8% above its estimated GF Value™ of €4.02.
GuruFocus considers Norion Bank AB to be Significantly Overvalued.
Key valuation signals for FRA:FN1:
Return-on-Tangible-Equity: 12.15% (19% below median its 10-year median of 15.08)
GF Value™: €4.02 vs. price of €5.42 (34.8% above fair value)
Industry Position: 8.4% above the Banks median (#508 of 1522)
No single metric tells the full story. See the FRA:FN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norion Bank AB specializes in financing solutions for corporate and private individuals, with particular focus on small and medium-sized companies. The main business is conducted through four segments namely Corporate, Real estate, Consumer and Payments. The Corporate segment includes corporate loans and factoring directed mainly at small and medium-sized companies in a wide range of industries in Sweden, Norway and Finland. The Real estate segment comprises real estate loans focusing on metropolitan areas and university cities in the Nordic region and the Consumer segment offers unsecured loans to private individuals The Payments segment offers payment and checkout solutions for e-commerce and retail chains.
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